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How SOFAZ is Transforming Azerbaijan’s Wealth Beyond Oil and Gas – EUROP INFO
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1 Articles
How SOFAZ is Transforming Azerbaijan’s Wealth Beyond Oil and Gas – EUROP INFO
Azerbaijan’s State Oil Fund, SOFAZ, long known for managing the nation’s substantial oil and gas revenues, is actively reshaping its investment strategy to reduce dependence on fossil fuels. In a bold move to safeguard the country’s economic future, SOFAZ is increasingly channeling funds into diverse sectors beyond hydrocarbons, signaling a pivotal shift towards sustainable growth. This strategic diversification not only aims to stabilize Azerba…
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